- What is here
- Kangaroo Point is an apartment suburb. Of 6,546 dwellings at the 2021 census, 672 are houses and 5,794 are units, so close to nine in ten homes are apartments, and in the year to September 2026 there were 246 unit sales against 20 house sales. The towers sit at the tip, along the eastern river on the old Dockside shipyard and on the clifftop along River Terrace. The houses are Queenslanders, workers cottages and a handful of Victorian-era houses in the southern streets between Main Street and Shafston Avenue, with the heritage-listed cottages on Cairns Street and Leopard Street among them.
- Block sizes
- Small. The peninsula was cut up in the 1840s and 1850s, and the surviving houses sit on inner-city blocks well under what a family gets in the eastern suburbs. A house with a yard is rare here and is priced like one.
- Character overlays
- Two neighbourhood plans cover the suburb. The Kangaroo Point peninsula plan covers the tip, Dockside and Shafston precincts, where the towers are. The Kangaroo Point south plan puts the Queenslander streets in a character residential precinct, and the traditional building character overlay sits on Connor, Rawlins, Pearson, Quinton, Sinclair, Elliott, Neville, Duke and Leopard Streets. Pre-1911 houses on Duke, Baines, Bell and Llewellyn Streets cannot be demolished. Check the overlay and the precinct on City Plan before you budget for a lift and build, and for an apartment read the body corporate records before the contract, not after.
- How it was built
- 1840s and 1850sThe peninsula was cut into small inner-city blocks, which is why a house with a yard is rare here.
- Victorian eraSt Mary's Anglican Church went up above the quarry in 1873, and Victorian-era houses, cottages and Queenslanders filled the southern streets.
- 1976The Evans Deakin shipyard closed on the eastern river, and Dockside's apartment complexes rose in its place.
- 2024The Kangaroo Point Bridge opened on 15 December, landing at Alice and Edward Streets in the CBD.
- NowClose to nine in ten homes are apartments, with towers at the tip, on the eastern river and along River Terrace.
What the money buys
Under $1mA one or two bedroom apartment. One-bedroom units sold at a median of about $651,000 and two-bedroom units about $968,000 in the year to September 2026, and our published Kangaroo Point purchases run from $530,000 to $800,000.
$1m to $2mA three-bedroom apartment on the river or the clifftop, where the median was about $1.75m, or a small house in the southern streets. Three-bedroom houses sold at a median of about $1.8m.
$2m and aboveA renovated Queenslander on the character streets, or a large riverfront apartment. The year's top house sale reached $4.5m, and the best of both rarely reach the portals.
4 purchases since 2025, 4 with published prices from $530,000 to $800,000; 1 apartment on record. Live grid on the page.
See the homes we have secured here